301501SZSE
🚨 Material Event

Announcement on the Re-signing of the Tripartite Supervision Agreement for Fundraising Projects After Changes

✨ AI Summary

Hefei Hengxin Life Technology Co., Ltd. has announced the re-signing of a tripartite supervision agreement regarding its fundraising projects following changes approved by the board and shareholders. The company will integrate funds from previous projects into a new biodegradable product production base project. The total fundraising amount is approximately RMB 1.018 billion, with net proceeds of about RMB 898.9 million after expenses.

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Full Translation

AI Translation· azure_openai

Hefei Hengxin Life Technology Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or major omissions.

I. Basic Situation of Fundraising

According to the approval from the China Securities Regulatory Commission regarding the registration of the Company's initial public offering (Approval No. [2024] 1909), the Company issued 25,500,000 ordinary shares of RMB 1.00 each at an issue price of RMB 39.92 per share, raising a total of RMB 1,017,960,000. After deducting issuance expenses (excluding VAT) of RMB 119,045,300, the actual net fundraising amount is RMB 898,914,700. The aforementioned fundraising has been transferred to the Company's designated account on March 13, 2025. Rongcheng Accounting Firm (Special General Partnership) has verified the arrival of the fundraising and issued the verification report "Rongcheng Verification No. [2025] 230Z0024." The fundraising has been deposited in a special account established by the Company, and the Company has signed a tripartite supervision agreement with the sponsor and the relevant banks to manage the storage and use of the fundraising.

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